Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples. What are the main data preprocessing steps? List and explain their importance in analytics.

Answers

Answer 1

Predictive analytics involves predicting future outcomes using historical data. Prescriptive analytics goes further by recommending actions to achieve desired outcomes. Descriptive analytics focuses on analyzing past data for insights.

How is this so?

Data preprocessing steps, such as cleaning, integration, transformation, and reduction, are important for ensuring data quality and consistency.

Cleaning removes errors, integration combines data, transformation standardizes formats, and reduction reduces volume. Preprocessing enhances accuracy and effectiveness of analytics.

Learn more about analytics at:

https://brainly.com/question/29659419

#SPJ1


Related Questions

writing presentations and speeches are all examples of

Answers

Writing presentations and speeches are all examples of effective communication tools that allow individuals to convey information, express ideas, and influence an audience.

Presentations and speeches serve as platforms to deliver messages, engage listeners, and make a persuasive case for a particular topic or objective.

Both presentations and speeches require careful planning and organization to ensure clarity and coherence. They involve the selection and arrangement of relevant content, supporting evidence, and compelling arguments.

Additionally, they often incorporate visual aids, such as slides or props, to enhance understanding and engagement.

Effective writing for presentations and speeches involves tailoring the language and tone to the audience, considering their knowledge level and interests.

It requires structuring the content in a logical flow, employing rhetorical devices to capture attention, and employing storytelling techniques to create emotional connections.

Overall, writing presentations and speeches is an art that combines effective communication skills, strategic thinking, and creativity to deliver impactful messages and inspire action from the audience.

For more such questions on speeches,click on

https://brainly.com/question/13299524

#SPJ8

Other Questions
Given the logistic equation x(t)= 1+40e kt500Find the constant k, if it is observed that x(3)=42. Select one: k0.2338k0.4332k0.4332None of these. k0.2338 You purchiase a 30 -year, zero-coupon bond for a pice of 535 . The borid will pay back. 5100 after 30 years and make no intelin payments. The annual compounded return (geomstric average telum) on this investment is A. 427% B) 3.033x C. 3.38% D. 3.56% UPS, a delvery services company, has a beta of 1.6, and Wal-Mart has a beta of 0.5 The risk-tree rate of interest is 4% and the market risk premium is 8% What is the expected return on a portiolio with 40% of its money in UPS and the balance in Wal-Mart? A. 10,94% B. 1152% C. 12.67% D. 103T Suppose you invest in 110 shares of Harley-Davidson at \$40 per share and 210 shares of Yahoo at \$25 per share. If the price of Harley-Davidson increase: $50 and the price of Yahoo decreases to $20 per share, what is the return on your porttolilo? A. 5.20% B. 1225% c. 0.52% D. 1050% Consider the following average annual returns: What is the excess return for the portfolio of small stocks? A. 11% B. 15.6% C. 16.6% D. 18.4% Amazon com stock prices gave a realized return of 5%,5%,11%, and 11% over four successive quarters. What is the annual realized return for Amazon.com for the year? A. 2.91% B. 146% C. 1.46% D. 0.00% MYTHICAL COLLEGE WOMENS BASKETBALL BUDGETSupplies and Services Amount NotesOfficials - Varsity (11 games x 3 officials x $240) 7920Officials Junior Varsity (3 games x 2 officials x $120) 720Shoes (24 players x $50 allowance) 1200Road Uniforms (15 uniforms x $110) 1650 RotationBasketball Rack 120Basketballs (10 x $37) 370Break Meal Money (18 personnel x 10 days x $20) 3600Coaching Staff Professional Development 500Miscellaneous 100Video supplies 100Administrative Costs and Supplies 400Recruiting (mail and phone) 500Part Time Assistant 2500Total 19680Travel Amount NotesVans Varsity (2200 miles x $0.50 x 2 vans) 2200Vans Junior Varsity (700 miles x $0.50 x 1 van) 350Recruiting 3000Meal Money Varsity (18 personnel x $10 x 12 games) 2160Meal Money Junior Varsity (9 personnel x $10 x 7 games) 630Winter Trip Bus (est. $100 per hour round trip) 1500Winter Trip Meals (18 personnel x $15 x 6 meals) 1620Winter Trip Lodging (6 rooms x 2 nights x $60) 720Winter Trip Guarantee (1000)Conference Tournament 1000Total 12180Grand Total 19680 + 12180 = 31860BUDGET PLAN ASSIGNMENT1) Complete a budget similar to last year, using the following given conditions. YOUCAN NOT CHANGE THE GIVEN CONDITIONS.A. You will be given a budget increase of 3.4%B. You have 11 home varsity games scheduledC. A new conference rule says you must use 3 officials for J.V. gamesD. You do not need new uniformsE. You could use new practice gear and new warm-upsF. The athletic director frowns on players spending personal money for practice gearG. Any fundraising efforts can only go toward overnight tripsH. You have 24 players and 2 assistant coachesI. Your eight seniors make up a large portion of your productionJ. You would like to take these eight seniors on a trip to Florida or HawaiiK. The student-athlete advisory committee has issued a strong statement concerningthe increase of meal money they want moreL. Your seven conference road games total 1200 round trip milesM. Your summer basketball camp earns you $4,400 personal profit. You pay yourplayers a total of $1,200.N. You can NOT reduce your administrative costs and suppliesO. Final exams end on December 10 and all students return on January 9.Conference play begins January 12.P. Your captains have requested there not be a long layoff during Christmas break;your athletic director has cautioned you to not bring them back too early; yourealize the week between Christmas and New Year is the most important week forrecruitingQ. You can NOT set up doubleheaders with mens basketball in an effort toreduce travelR. Assume you will have a guarantee of $1,000 for any tournament in which youparticipateS. There is a rumor the conference is negotiating a $10 per game, per official raisefor home varsity contests.T. Last years travel party included the players, two coaches and a trainer. You hadthe other team film the game and keep statistics and this was problematic. Youwould like to bring your own person to do one of these tasks.2) You must provide a typed narrative explaining any change in philosophy this budgetmight assume. The narrative should describe in detail your plans for junior varsity, travelsquad size, and break meal plans. There is no minimum or maximum page length for thisnarrative. Proofreading is expected.3) You will be evaluated on the feasibility of your plan and your description of yourphilosophy. How well do you justify the tough decisions? I am borrowng $5000 from you. You have suggested the folowing terms, an interest rate of 6% and 4 annual payments, after which the loan balance wir be zero. What will my annual paymeat be? If you agreo to decrease the interest rate you charge mo, how will my loan payment be affected and how will the total amount I pay for the loan be atfocted? if you agree to inerease the number of annual poyments, how will my laan payment be affectod and how will the total annount fpay for the loan be allocted? If you agree to decrease the interest rate you charge me, my annual loan payment will A. decroabo B. stay the same C. increase D. and the total amourt I pay for the loan wit A. becresse 8. increase c. D. stay the same If yoe ngove to increase the mumber of annuat pixynenta. my annual ioan payment A. ecrease B. Disy the aams C. increase 17. and the toks amount 1 pey for the toan wil A. A. Costonese Your mom invested in Bitcoin 2 years ago. Over that period, Bitcoin has had an average monthly return of 0.83%. If your mother now has $1,700 in her account, how much did she invest 2 years ago?Please show your work & explain. given the system represented in state system:determined:the eigenvaluesthe state transition matrixthe state vector and output vector assuming zero initial conditions and a unit step inputthe transfer function0 1 x = -1 -0.5| y = [10]x+[0]u + [] + X Which of the following is not a common difference between net business income on the books (following GAAP) and net business income on a tax return (following the Internal Revenue Code) for a typical business? A>Advertising Expense B>Depreciation Expense C>Business Meals Expense D>Bad Debt Expense Baker Industries net income is $24,000, its interest expense is $4,000, and its tax rate is 25%. Its notes payable equals $23,000, long-term debt equals $70,000, and common equity equals $260,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firms ROE and ROIC? Do not round intermediate calculations. Round your answers to two decimal places.ROE: %ROIC: % Why companies need budgets? write about 100-150 words on yourown please Alex Guadet of Nashville, Tennessee, has been renting a two-bedroom house for several years. He pays $900 per month in rent for the home and $300 per year in property and liability insurance. The owner of the house wants to sell it, and Alex is considering making an offer. The owner wants $160,000 for the property, but Alex thinks he could get the house for $150,000 and use his $25,000 in 3 percent certificates of deposit that are ready to mature for the down payment. Alex has talked to his banker and could get a 5 percent mortgage loan for 25 years to finance the remainder of the purchase price. The banker advised Alex that he would reduce his debt principal by $1,700 during the first year of the loan. Property taxes on the house are $1,400 per year. Alex estimates that he would need to upgrade his property and liability insurance to $1,200 per year and would incur about $3,000 in costs the first year for maintenance and improvements. Property values are increasing at about 3 percent per year in the neighborhood. Alex will have to pay $50 a month for private mortgage insurance. He is in the 25 percent marginal tax bracket. (a) Use Table 9-4 on page 285 to calculate the monthly mortgage payment for the mortgage loan that Alex would need. (b) How much interest would Alex pay during the first year of the loan?(c) Use the Run the Numbers worksheet, "Should You Buy or Rent?" on page 264 to determine whether Alex would be better off buying or renting Assume that you are a director seeking four cast members for a new play. There are twenty people who volunteer to participate, so the director decides to make the selection at random. How many ways can the director make the selection if: a. The casting is for background actors (i.e. there is no specific role for each cast member). b. The casting is for four different and specific roles. Suppose that the current exchange rate is 104 per $1. The inflation rate in the U.S. is expected to be 3 percent per year for the next 4 years. During that same time period, the inflation rate in Japan is expected to be 4 percent per year. Based on relative purchasing power parity, the exchange rate in 4 years should be approximately:Group of answer choices108 per $1.110 per $1.112 per $1.114 per $1.116 per $1. Suppose the market demand for a cup of cappucino is given by QD=24-6P and the market supply for a cup of cappucino is given by QS=3P-12, where P=price(per cup).What is the equilibrium price and equilibrium quantity? Benjamin obtained a loan of $22,500 at 5.5% compounded monthly.How long (rounded up to the next payment period) would it take tosettle the loan with payments of $2,810 at the end of everymonth? This question is about the Solar System.(a) List four of the observations that Galileo made that helped him deduce the Sun was at the centre of the Solar system. (b) Who first suggested that the Sun was at the centre of the Solar system? (c) What was the observation that made them suggest this? (d) Who then used the idea that the Sun was at the centre of the solar system to derive a mathematical model of the solar system? And list the two assumptions that the person had to make to create an accurate model. (e) Who built about this mathematical model to derive the law of gravity? An investor is considering purchasing a $100 par-value bond with a 6.0% semi-annual coupon and a 10 -year maturity. The ask price of this bond is 10016. The investor would purchase the bond 3 months into the 182-day semi-annual coupon period. Please assume a month has 30 days. Detail the following. Be sure to show all work: a. The clean (flat) ask price of the bond in dollars: b. The bond has a 4 tick bid/ask spread. What is the bid price in dollars? c. The dirty (invoice) price of the bond (please include accrued interest): d. The semiannual coupon amount (\$) for this bond is: e. Using the clean (ask) price of the bond and the Excel (RATE) function, compute the yield to maturity (\%): f. Using the clean (ask) price of the bond, what is the current yield on the bond? international financeOn 25 April 2022, approximately 25% of the worlds shipping containers were held either in the ports of Shanghai, or were on ships awaiting to dock in Shanghai, leading to significant global supply chain issues and further placing upward pressure on global inflation. Explain, in detail and based upon the material covered in this subject on International Finance, in your own words, the trade dilemma and how it is resolved.In providing your explanation you are required to include explanations of:How the trade dilemma occursThe documents that are employed to resolve trade dilemma, including the parties to these documents, who issues them, to whom they are issued, and how the documents are employedHow trade risks are managedWhat forms of government support are available to firms wishing to partake in international trade Connor uses his car for his sole proprietorship. In 2021, he drove the car 21,650 miles. Of those miles, 12,620 were for business purposes. He paid $825 for insurance on the car, $3,825 for fuel, and $1,025 for repairs & maintenance. The car was purchased in 2019 for $21,525 and depreciation for the year is $4,133. What is his total deduction for transportation-related expenses for this car, assuming he uses the standard mileage to compute his deduction? A>$12,124 B>$7,320 C>$9,808 D>$7,067 E>$5,717 Wildflower Hospital's \( 20 \times 1 \) statement of operations reports salaries and wages expense of \( \$ 709,488 \) The hospital's balance sheets include the following accounts: 12/31/X0 Accrued sa A BEKM Co. Ltd is providing a telecommunication service by providing a digital modulation to transmit an analog signal. As a telecommunication engineer, you are required to design an analog-to-digital converter that will convert the analog signal into digital signal based on Pulse Code Modulation (PCM) technique. Following are the requirement and specification for the above modulation: The range of the continuously analog signal, 20 mV. The maximum frequency in the analog signal is 15 kHz The level of quantization process is 16. Determine the parameter values - the minimum sampling frequency, the resolution of the quantization process, its quantization error and the transmission rate after the encoding process.